CYBER CROSSROADS

A Global, Research Collaborative on Cyber Risk Governance

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WEBINAR REPLAY

After more than a year of research and speaking to over 50 organizations globally and assembling best practices, the Cyber Crossroads team launched the Cyber Crossroads report on Tuesday, May 25, 2021. The report is now in the public domain so any organization can use it without any fee.

Watch the replay of the Cyber Crossroads launch event here - Experts from the U.S. Securities and Exchange Commission, UK Department of Digital Culture Media, S&P Global Ratings, Beazley, Marsh, Tokio Marine, Wilson Sonsini and prestigious members of academia from the Cyber Crossroads team to discuss cyber security.

 

CYBER SECURITY IS AT A CROSSROADS

Spending on cybersecurity products and services is expected to top $123 billion in 2020, more than double the $55 billion spent in 2011.1 In that same period, cyber breaches quadrupled.2 Organizations globally face increasing liabilities, while boards of directors grapple with a seemingly Sisyphean challenge. Cyber Crossroads was born out of these alarming trends and a realization that the world cannot go on funneling finite resources into an indefinite, intractable problem.


Cyber Crossroads brings together expertise from across the world, spanning aspects of the cyber problem (including technology, legal, risk, and economic) with the goal of creating a Cyber Standard of Care built through a global, not-for-profit research collaborative with no commercial interests. A Cyber Standard of Care should be applicable across industries and regardless of the organization size. It should be practical and implementable, with no requirement to purchase any product/service. As represented by the graphical theme of the report, a Cyber Standard of Care should be woven into the existing governance fabric of the organization. And it should not be yet another technical checklist, but a process/governance framework that can stand over time.

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CYBER CROSSROADS

Spending on cybersecurity products and services is expected to top $123 billion in 2020, more than double the $55 billion spent in 2011.1 In that same period, cyber breaches quadrupled.2 Organizations globally face increasing liabilities, while boards of directors grapple with a seemingly Sisyphean challenge. Cyber Crossroads was born out of these alarming trends and a realization that the world cannot go on funneling finite resources into an indefinite, intractable problem.